Money laundering and terrorism in D.R. 2023

The Dominican Republic was awarded an index score of 5.21 based on the risk of money laundering and terrorist financing. Except for that last year, the score has been improving steadily since 2016, when it stood at 6.74. In addition, neighboring Haiti is the country with the highest risk index of money laundering and terrorist financing in Latin America.

The Basel AML Index is a composite index, a combination of 16 different indicators with regards to corruption, financial standards, political disclosure and rule of law and tries to measure the risk level of money laundering and terrorist financing in different countries. The numbers used are based on publicly available sources such as the FATF, Transparency International, the World Bank and the World Economic Forum and are meant to serve as a starting point for further investigation.

Risk index score of money laundering and terrorist financing in the Dominican Republic from 2015 to 2023

Characteristic	Risk index score
2023	5.21
2022	5.03
2021	4.72
2020	5.05
2019	5.41
2018	5.8
2017	6.69
2016	6.74
2015	6.63

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Release date

November 2023

More information

Region

Dominican Republic

Survey time period

2015 to 2023

Special properties

0=best; 10=worst

Supplementary notes

This statistic was compiled using earlier editions of the report.

Risk scores are based on data from publicly available sources such as the FATF, Transparency International, the World Bank and the World Economic Forum.

The source measured the risk of money laundering and terrorist financing by using several indicators, such as rule of law and financial regulations. It is explicitly stated that there is no reliable quantitative data on money laundering available, and the index score is used to "indicate the risk level, i.e. the vulnerabilities of money laundering and terrorist financing within a country". The higher the number, the higher the risk.

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